OFF MARKET

5B/3 Silas Street
East Fremantle WA 6158

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Land area: 84m2
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Property Details for 5b/3 Silas St, East Fremantle

5b/3 Silas St, East Fremantle is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2016. The property has a land size of 84m2.

Building Type
Unit
Year Built
2016
Land Size
84m2
Local Government
East Fremantle

Last Listing description (April 2018)

Currently managed by multi award winning Seashells hospitality group, this fantastic Unique investment opportunity awaits you. Located within the lucrative Richmond Quarter development is this luxurious, brand new ONE BEDROOM apartment Is a fully furnished 'turn Key' investment - None of the usual hassles of a rental property in finding, changing tenants or vacancy as it is completely managed down to the daily cleaning.
A beautifully combined kitchen, dining and living area completed with stylish finishes such as wool carpeted floors to living and dining, tiled wet areas and stone bench tops. Light spills in from large sliding doors that open out onto the private balcony. Perfectly equipped to fit every personal style.
Another unique feature of this unit is UA compliant.

This residence really is unique in that it offers multiple living and investment options and abilities.
Use as a suite if you, family, friends or clients regularly visit Perth and wish to stay in a blue-chip location or managed through Seashells as short stay accommodation. It can also be managed as a regular rental investment, which could be ideal for buyers looking to eventually retire into a low maintenance unit.
These residential units operated by Seashells on Level 4 & 5 are the only units permitted to be used as short-term accommodation which provides an alternative rental opportunity.
Richmond Quarter boasts a boutique hotel with a rooftop wine bar, plus a mix of retail and office spaces.
All of the spoils of this brand-new lifestyle precinct, are a short drive away from Fremantle, where you can adore an extensive array of restaurants, bars and shopping. Otherwise get away from all the hustle and bustle, and take a short stroll to Swan River's edge, or a bike ride to the beautiful WA coastline.

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Property History for 5b/3 Silas St, East Fremantle, WA 6158

A timeline of how this property has performed in the market
  • 06 Nov 2017
    Listed for Sale $425,000 with rental GUARANTEE

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About East Fremantle 6158

The size of East Fremantle is approximately 3.7 square kilometres. It has 26 parks covering nearly 12.1% of total area. The population of East Fremantle in 2011 was 6,930 people. By 2016 the population was 7,369 showing a population growth of 6.3% in the area during that time. The predominant age group in East Fremantle is 50-59 years. Households in East Fremantle are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in East Fremantle work in a professional occupation. In 2011, 73.2% of the homes in East Fremantle were owner-occupied compared with 75.5% in 2016.

East Fremantle has 3,749 properties. Over the last 5 years, Houses in East Fremantle have seen a 82.13% increase in median value, while Units have seen a 38.70% increase. As at 31 January 2025:

  • The median value for Houses in East Fremantle is $1,939,137 while the median value for Units is $665,763.
  • Houses have a median rent of $950 while Units have a median rent of $650.
There are currently 9 properties listed for sale, and 3 properties listed for rent in East fremantle on OnTheHouse. According to CoreLogic's data, 141 properties were sold in the past 12 months in East fremantle.

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